Over the phone, Paul Regan offered prospective clients something that sounded too good to be true: investments with guaranteed returns of 10-15%. It was all part of a multimillion-dollar Ponzi scheme. WSJ’s <a href="https://www.wsj.com/news/author/jason-zweig?mod=WSJ_TJPOD">Jason Zweig</a> obtained <a href="https://www.wsj.com/finance/investing/financial-fraud-paul-regan-9b020a8f?mod=author_content_page_1_pos_1?mod=WSJ_TJPOD">hours of recorded phone calls</a>, in which Regan seduced his victims, who were often older and needed help. <a href="https://www.wsj.com/news/author/ryan-knutson?mod=WSJ_TJPOD">Ryan Knutson</a> hosts. 
Further Listening: 
- <a href="https://open.spotify.com/episode/7I24SplVZ3Y4ZX7JMNJhir?si=6b058dd9a1224352">An Influencer’s False Promise to Make His Followers Rich</a>&nbsp;
- <a href="https://open.spotify.com/episode/0WgSopWWo4BUE9xykAtyhd?si=8b3653a0421047e9">Pig Butchering: A Texting Scam With a Crypto Twist</a> 
Sign up for WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_TJPOD">What’s News newsletter</a>.
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